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Inversecupandhandle

AGIX CUP AND HANDLE: UPCOMING BEARISH MOVE OR ANOTHER ATH HIT?The main headline of the price movement for BINANCE:AGIXUSDT is reaching its all-time high several days ago. Forming an inverse cup and handle pattern (or a head and shoulders), citing a possible bearish move for AGIX. But could it happen or will there be another all-time high for the coin as well as price and trendlines to watch out for in my full technical analysis on this idea thread below. Stay tuned and happy trading :) For more info related on AGIX: www.ccn.com
AShort
by Habadoo
HIGHUSDT wants the breakout?HIGHUSDT recently bounced on the 0.786 Fibonacci level, indicating a potential reversal in the market. Additionally, on the 4-hour timeframe, an inverse head and shoulders pattern is being formed, which is a bullish signal. An inverse head and shoulders pattern is a technical analysis pattern that typically forms after a downtrend and signals a potential trend reversal to the upside. It consists of three troughs, with the middle trough being the lowest, and the two outer troughs being higher. The middle trough is called the "head," and the outer troughs are called the "shoulders." The pattern is considered complete when the price breaks above the neckline, which is a level of resistance connecting the two outer troughs. In this case, the market is creating an inverse head and shoulders pattern on the 4-hour timeframe, with the neckline at the 2.76$ area. If the price breaks above this level, it could signal a bullish trend continuation, and traders could look for new long positions. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <= 1h structure. Follow the Shrimp 🦐
by InkyGrip
12
1INCHUSDT is testing the previous Lows!the price is creating an inverse head and shoulders on daily timeframe And now the price is testing the previous lows as resistance. An inverse head and shoulders pattern is a bullish reversal pattern that is formed after a downtrend. It consists of a left shoulder, a head, and a right shoulder, with the head being the lowest point and the shoulders being peaks that are roughly at the same level. The pattern is considered complete when the price breaks above the "neckline," which is the level that connects the peaks of the two shoulders. This pattern suggests that the trend is reversing and that the price is likely to rise in the future. What's next? We are waiting for the breakout and retest the previous resistance as new support, According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip
6
TLMUSDT inverse head and shouldersThe price is testing the neckline of the inverse head and shoulders. The price created the rounded bottom pattern as well. How to approach it? the price needs to create a breakout from the neckline with volume and retest it as new support, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
Long
by InkyGrip
14
AUDUSD: Bearish 5-0 on Quarterly Timeframe Seaking 50% DeclineAUDUSD has this strange Inverse Cup with Handle / Bearish Head And Shoulders sorta look to it, but more clearly, it has formed a very real Massive Bearish 5-0 that has been in the making for many years and it has recently tested the PCZ as resistance at the 50% retrace and confirmed it with huge amounts of MACD Hidden Bearish Divergence. If this plays out fully, then we can expect that the Australian Dollar to lose well over 50% of its value from here out.
Short
by RizeSenpai
1
BTC in compression We are amid a double-bottom rebound in the short-term timeframe, which looks like a triple-bottom pattern that reminds us of the inverse head and shoulders. Nevertheless, the chart is moving slowly. Why is this? At least the arc answers. We are in the middle of a compression. Where does the compressed energy go? Let's look to the left here. Even conservatively, symmetrical and descending triangles are formed, and if we do a more non-standard pattern fitting, is this an inverse cup & handle? If so, it's odd that the decline stops where the top of the green box indicates. By the way, the chart has long respected the gray arc. It seems to be wobbling around, but if BTC turns around and resumes its dismal gray or monotonous decline, we should still see the bottom below. However, one never knows what will happen in the market. Let's keep an eye on the compression ahead. *Hate comments or meaningless criticism are not welcomed but will be immediately reported. For those who hate arcs but like more standard analysis, see my previous idea .
Short
by jackrabbitrage
KCSUSDT is ready to go higher! 🔥 KCS is on flames! From my previous idea,() the price had more than 12% and now it testing the new resistance after the breakout from the descending weekly channel. Now the price is testing the previous resistance as new support. How to approach? We are waiting for the new breakout from the 22$ level and if the price is going to satisfy our rules, we could open a new long position. Next resistance is on 23.5$ What's new on KCS? The Burning Program is a bullish event! Known as the "People's Exchange", KuCoin is a Top 5 Crypto Trading platform with over 600 coins and 10+ million users. KCC is a public chain project initiated and built by the developer community of KCS and KuCoin that aims to solve the network latency and high gas fee of Ethereum. KCS is the native token of KuCoin Exchange and KCC. As the KCS whitepaper was released, the new era of KCS is dawning. With the vision of "from geeks to mass adoption", KCS is building a blockchain-based value sell-circulation ecosystem. KCS will redistribute the 90 million KCS locked at the time of issuance, from which 20 million KCS will be directly burned. KCS will connect the world of both centralization and decentralization and will build a Web 3.0 ecosystem. KCS Management Foundation is established to empower the KCC ecosystem. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure.
Long
by InkyGrip
14
Inverse Cup and Handle on TSLAA strong inverse Cup and Handle setup has formed on TSLA over the past two days so it's looking like TSLA might be in for a larger short-term retracement before reaching new ATHs. POTENTIAL SHORT SETUP If the $1135 support line is broken, we could see a retracement of up to 6.5% - calculated from measuring the height of the cup. Stop loss placed at the top of the handle. This would also be filling the large gap created during Monday pre-market. Purely educational and not financial advice.
NASDAQ:TSLAShort
by Taylorecox4